Question: After reading the slides and other reading material assigned for this unit, please write a two to three-page executive summary to describe the Continuous Auditing
After reading the slides and other reading material assigned for this unit, please write a two to three-page executive summary to describe the Continuous Auditing framework and the take away lessons the US government can take from this topic. I expect you to discuss as a minimum:
- What is Continuous Auditing?
- How would Continuous Auditing benefit governmental entities? What are the challenges and drivers of implementing such a system by governmental entities?
- What is the problem of Exceptions prioritization?
- Do you expect the problem of information overload to exist in the governmental sector? Give an example of such a problem and discuss how you can address it.
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